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Apr 17, 2013
04/13
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KRON
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=dj >> apple shares down over four percent apple shares of boston was $300 and the last seven months. we'll be right back as a kron4 morning news continues. >> the new san francisco exploratorium opening up today. >> you can see here, a lot of people milling about. staff members are getting all of the final preparations done. this officially opens up to the public around 10:00 this morning. $280 million to make this all happen. they will have an opening ceremony. directors from the exploratorium will be getting up to speak, the mayor will speak and officially at 10:00 the public and go inside and take a look for themselves. i manage to get a sneak peek inside. take a look at some of the video, you will find games and exhibits. more than 600 of them. they also added many new exhibits and a restaurant as well. this'll be the first time any of us have seen is as exhibits in quite awhile. the exploratorium closed their doors on january 2nd and moved everything to this new facility. i spoke with a representative from the exploratorium and she tells me there is plenty to see. you will >> yo
=dj >> apple shares down over four percent apple shares of boston was $300 and the last seven months. we'll be right back as a kron4 morning news continues. >> the new san francisco exploratorium opening up today. >> you can see here, a lot of people milling about. staff members are getting all of the final preparations done. this officially opens up to the public around 10:00 this morning. $280 million to make this all happen. they will have an opening ceremony. directors...
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Apr 24, 2013
04/13
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KNTV
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scott mcgrew, you say apple now middle age? >> apple middle age. just like jon and i are, right? certainly not a young start-up. apple reported its profits tuesday. if you were to make one takeaway idea from this whole affair, it would be that apple has really reached middle age. the company is doing thing that is only mature companies do, like issuing dividends. in fact, on the phone call with reporters, tim cook said he wants apple to become the biggest dividend-paying company in america. young companies resist sharing their profits with investors because they've got better things to do with the money, like grow. apple said it saw its first decline in profit in ten years and iphone's sales growth were slowing. then this, ipad sales, that's good news. that's still going gangbusters. the house energy and commerce committee will hold hearings into fisker a short time from now. pictures of fisker unveiling at santana row some years ago. the last time the committee investigated a department of energy loan, it was to solyndra. house republicans are eager to embarrass the obama admini
scott mcgrew, you say apple now middle age? >> apple middle age. just like jon and i are, right? certainly not a young start-up. apple reported its profits tuesday. if you were to make one takeaway idea from this whole affair, it would be that apple has really reached middle age. the company is doing thing that is only mature companies do, like issuing dividends. in fact, on the phone call with reporters, tim cook said he wants apple to become the biggest dividend-paying company in...
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Apr 17, 2013
04/13
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KGO
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you may able to buy a low cost cell phone from apple. in a business analyst are correct a lot of you will be buying. apple could sell 75 million low cost flowns last year, however, has in the confirmed it plans to do this. and in the meantime a bill banning techting in california has passed the assembly transportation committee and would undo legislation passed last year that allowed hands free texting. saying newest information is that it's just as distracting as regular texting we'll follow this as it works it way through. >> there you go. >> breezy still out there. >> it s we did see temperatures coming up a few degrees because of the lighter winds if you will. here in the bay area, we're not seeing any moisture but we're seeing light showers possibility in this area throughout the next couple hours until sun goes down, frost advisory going up tonight at 11:00 p.m. running until a.m. tomorrow. so you can see showers starting to taper a little bit. i want to show you a view from our tv you can see it's cloudy right now this evening, dr
you may able to buy a low cost cell phone from apple. in a business analyst are correct a lot of you will be buying. apple could sell 75 million low cost flowns last year, however, has in the confirmed it plans to do this. and in the meantime a bill banning techting in california has passed the assembly transportation committee and would undo legislation passed last year that allowed hands free texting. saying newest information is that it's just as distracting as regular texting we'll follow...
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Apr 23, 2013
04/13
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KRON
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we're watching apple. apple shares lower lease their quarterly earnings after the closing bell today. we have the same story would los gatos based net flicks of yesterday's. let us talk about net flicks. they have their quarterly earnings come out. the big news is that net flicks added 2 million u.s. cars to is video streaming service for the first three months of the year. but here it was highlighted by the early february debut of house of cards, a critically acclaimed series made exclusively for net flicks. this is trevor rowe health net flicks bows back from a loss the same time last year and generate revenue slightly above analysts' projections. it was but the ground were up $11. the free market net flicks shares are up $43. that is almost with a 5%. net flicks is a stock that went from 300, down to 50 and right now it is up to 217. james barrett i'm a fan of that flicks. >> the nation's biggest banks are rolling out the next generations of atms. the latest models feature video chatting with a live tel
we're watching apple. apple shares lower lease their quarterly earnings after the closing bell today. we have the same story would los gatos based net flicks of yesterday's. let us talk about net flicks. they have their quarterly earnings come out. the big news is that net flicks added 2 million u.s. cars to is video streaming service for the first three months of the year. but here it was highlighted by the early february debut of house of cards, a critically acclaimed series made exclusively...
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Apr 24, 2013
04/13
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KGO
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. >> attorneys for apple and samsung return to federal court in san jose today. last month the judge struck nearly half of the $1 billion damage awared to apple in the patent lawsuit against samsung and struck it down agreeing with samsung that the jury made some errors in calculating the products where samsung infringed and calling for a new trial to set revised damage amounts. apple contends the judge was in error and wants $85 million of the damages to be re-instated. >> on friday night, oracle will rock after the warriors stunned the nuggets to even the best of seven at a game each. the warriors shot just under 65 percent from the floor a new franchise playoff record. golden state beat the nuggets 131-117 snapping the 23-game winning streak of denver. 131 is like the old stores from the 70's. that was great. >> a great game. >> little bit cooler? >> cooler, absolutely. i will show you what is going on. 4:45. we are looking at live doppler 7 hd which is quiet this morning although we have the clouds rolling in and a beautiful picture from emeryville with the s
. >> attorneys for apple and samsung return to federal court in san jose today. last month the judge struck nearly half of the $1 billion damage awared to apple in the patent lawsuit against samsung and struck it down agreeing with samsung that the jury made some errors in calculating the products where samsung infringed and calling for a new trial to set revised damage amounts. apple contends the judge was in error and wants $85 million of the damages to be re-instated. >> on...
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Apr 24, 2013
04/13
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KOFY
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>> apple's decision to share cash comes in an interesting time today apple confirmed earnings dropped 18%. apple seems to be shoring up it's competence at the same time as consumers seemed to be lured away by competitors. one quarter doesn't make or break a company. but a drop does expect that margins have dropped. ceo tim cook told reporters he's frustrated but apple remains strong. apple has loyal consumers. >> when you think of a tech company what company comes to mind? >> apple. >> however, some perceptions of apple may be changing google has been very open about its foray into self driving cars and google glasses. >> this seems to dip into everything. google has kind of hit everything. >> i think google is getting justify bli a lot of credit. >> van baker tracks both companies but recognizes that google is prone to drop ideas as fast as it creates them. >> you don't know what projects goring to survive and they tend to pull the trigger on products and some projects that are quickly. >> he didn't say anything about this year. >> owning i do believe they're losing this because ther
>> apple's decision to share cash comes in an interesting time today apple confirmed earnings dropped 18%. apple seems to be shoring up it's competence at the same time as consumers seemed to be lured away by competitors. one quarter doesn't make or break a company. but a drop does expect that margins have dropped. ceo tim cook told reporters he's frustrated but apple remains strong. apple has loyal consumers. >> when you think of a tech company what company comes to mind? >>...
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Apr 24, 2013
04/13
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KGO
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apple stock ended the day mer than $406 a share, increase of nearly 7.5 points. their estimation stock has fallen and we'll find out why. >> and net flix shares jumped to close above $200 a share. analysts say ilts because net flix is adding new subscribers. >> police hope a witness will come forward to help them catch a vandal that covered a car with racist graffiti. a woman discovered her bmw had been vandalized at her home on 56th street. td victim has no idea why anyone would target her or the car owe i view this as a hate crime and feel safety is being threatened and someone would be so bold to do this in my driveway what else would they do? >> a man has been arrested for trying to break into a building governor brown lives in. a few days ago the man jumped down on to a balcony and police arrested him. brown says the apartment was not the target. he does not believe the burglar knew he lived in the building. >> san francisco city attorney suspects an answer by the end of the week about reported patient dumping. an investigation by the sacramento bee found ne
apple stock ended the day mer than $406 a share, increase of nearly 7.5 points. their estimation stock has fallen and we'll find out why. >> and net flix shares jumped to close above $200 a share. analysts say ilts because net flix is adding new subscribers. >> police hope a witness will come forward to help them catch a vandal that covered a car with racist graffiti. a woman discovered her bmw had been vandalized at her home on 56th street. td victim has no idea why anyone would...
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Apr 24, 2013
04/13
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KICU
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for the first time in ten years, apple showed a decline this profit. revenue was up at i- >> speaker2: phone and i-pad sales surpassed those lower expectations. the stock was up $7 earlier in the day. the bay area real estate market seems to be back. in that's the case, why do some say it's so hard to buy a home? a man was caught trying to brake into a sack men to apartment while the governor was visiting china. the man dropped down on to the fourth floor balcony. the governor told a gathering of crime victims today that three men tried to rob his oakland apartment last year. >> so they luckily came to the scene anticipate held them, then they said they were looking to pirate in the neighborhood and the police let them go. >> in sack remen toe, the man was charged with misdemeanor prowling and released. >>> police are investigating a blaze at a home that happened this afternoon. a woman was fatalely shot about 2:45 today. a witness says someone tried to rob the woman at gun point. she hit the gas to try to get away that's when the shots were fired. $10
for the first time in ten years, apple showed a decline this profit. revenue was up at i- >> speaker2: phone and i-pad sales surpassed those lower expectations. the stock was up $7 earlier in the day. the bay area real estate market seems to be back. in that's the case, why do some say it's so hard to buy a home? a man was caught trying to brake into a sack men to apartment while the governor was visiting china. the man dropped down on to the fourth floor balcony. the governor told a...
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Apr 18, 2013
04/13
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KNTV
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. >> doom and gloom for apple. what pushed the tech titan stock to its lowest level. (sir can-a-lot) good day, ma' lady. i am sir can-a-lot, here to save you from another breakfast bore. wake up those eggs with glorious spam! (male announcer) break the monotony. visit spam.com. >>> no longer the king of the mountain, apple plunging today to levels we haven't seen in two years. new supply concerns dropped shares of apple stock by 5.5%, falling below $400 a share for the first time since 2011. the cupertino-based company did not comment on the stock dropch the company will release quarterly earnings next tuesday. american airlines has resumed most of its flights tuesday following yesterday's massive technology failure that forced the nation's third largest carrier to ground all domestic flights. 970 flights were cancelled, and 1,000 more were delayed. >> in health matters, could your hair give your doctors an idea about the risk for heart disease. a study out of the netherlands says yes. they looked at samples from senior citizens and measured less of the stress hormone
. >> doom and gloom for apple. what pushed the tech titan stock to its lowest level. (sir can-a-lot) good day, ma' lady. i am sir can-a-lot, here to save you from another breakfast bore. wake up those eggs with glorious spam! (male announcer) break the monotony. visit spam.com. >>> no longer the king of the mountain, apple plunging today to levels we haven't seen in two years. new supply concerns dropped shares of apple stock by 5.5%, falling below $400 a share for the first time...
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Apr 24, 2013
04/13
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KTVU
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apple is sharing down $5 to $401 a share. pam cook, ktvu channel 2 news. >>> let's bring you up to date on some of the other top stories we're following for you right now. we're finding out new information about the suspected mastermind about the boston marathon bombs. the paper reports that tamerlan tsarnaev was living on state welfare benefits at the very same time he was embracing radical, anti-american political views. there's also word the boston marathon bombings was planned a week before the race. >>> m.i.t. is getting ready to hold a memorial service for the campus police officer allegedly assassinated last week by the bombing suspect. the memorial follows yesterday's funeral for sean collier. vice president is expected at the private service this morning. >>> here at home a very important meeting on fixing those bad bolts on the new bay bridge. it will start in about 45 minutes from right now. caltrans will tell us what they are doing to fix the problem. it's been raising safety concerns about the new eastern span. k
apple is sharing down $5 to $401 a share. pam cook, ktvu channel 2 news. >>> let's bring you up to date on some of the other top stories we're following for you right now. we're finding out new information about the suspected mastermind about the boston marathon bombs. the paper reports that tamerlan tsarnaev was living on state welfare benefits at the very same time he was embracing radical, anti-american political views. there's also word the boston marathon bombings was planned a...
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Apr 22, 2013
04/13
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KNTV
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apple reports its profit on tuesday. they no doubt will report that they made suitcases full of cash. some small hint ahead could help the stock more than anything else. that appears to indicate apple has sent millions of iphone 5s back to the manufacturer. it appears, because i can't read chinese. that's what translations of the newspaper website says. the problems with the phones, mostly cosmetic. google chairman, eric schmitt, has written a book called the new digital age. it will reportedly include a count of his trip to north korea. orbital sciences launched a rocket over the weekend. they have a bit of an advantage. they have been making missiles for years. the rocket didn't go to the station. it was just a test. >>> jon and laura, over the weekend, i got a chance to host the tech challenge award where kids create an invention to solve a problem. very involved. this year, more than 3500 kids participated. i handed out awards for elementary school. scott budman did the same for junior high. at the elementary level,
apple reports its profit on tuesday. they no doubt will report that they made suitcases full of cash. some small hint ahead could help the stock more than anything else. that appears to indicate apple has sent millions of iphone 5s back to the manufacturer. it appears, because i can't read chinese. that's what translations of the newspaper website says. the problems with the phones, mostly cosmetic. google chairman, eric schmitt, has written a book called the new digital age. it will reportedly...
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Apr 18, 2013
04/13
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KICU
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. >>> gal the lalaxys #4r is the 4 is the apple iphone's competitor. >>> the weight is final over for san francisco's exploratorium. the $300 million museum. opened its doors today. >> just like the old exploratorium, a ringing of the bell signifies the opening for the new one. >> the world famous exploratorium is back and better than before. >> i feel like the kid in a family who's just moved into san francisco and about to be shown his or her bedroom. >> you get really excited. >> officials along with city and state leaders attended the much anticipated grand reopening ceremony. >> they along with parents see the museum as a fun place to be, but a stepping stone to advance students in science. >> you don't want to be the best of the best; you want to be the only one that does what you do. >> and i think of that quote in the context of today. >> the building itself has six thousand solar panels to generate power. amazing views of the bay has more than 600 exhibits, both inside and out. >> and on top of the older exhibits, there's this very cool mirror where i'll give myself a hi five
. >>> gal the lalaxys #4r is the 4 is the apple iphone's competitor. >>> the weight is final over for san francisco's exploratorium. the $300 million museum. opened its doors today. >> just like the old exploratorium, a ringing of the bell signifies the opening for the new one. >> the world famous exploratorium is back and better than before. >> i feel like the kid in a family who's just moved into san francisco and about to be shown his or her bedroom....
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Apr 24, 2013
04/13
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KGO
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and she has a child name apple. >> good news from "meals on wheels", they raised $2 million for their program this week so congratulations. [dramatic music] ♪ [cheers and applause] >> hi, honey. >> how are you? >> good. how are you doing? [cheers and applause] hello, everyone, and welcome to millionaire. i am so rooting for our first contestant today. he has a 19-month-old at home, a baby on the way, and has been working 80 hours a week to support his family. from new orleans, please welcome matthew fletcher. hey, matthew. >> hi. how are you? >> first of all, you have a 19-month-old at home, right? >> i do. bennett. >> boy or girl? bennett. >> a little boy named bennett. >> and you have another baby how many weeks away? >> he is about 3 1/2 weeks away. >> oh, my gosh. >> hopefully, you know, so we got to kind of move this along a little bit. >> [laughs] you want me to speed this up already then, yeah. >> absolutely. his name's gonna be coleman. and my wife, meghan, unfortunately, is at home, a little too far along to travel. >> oh, okay. but your mom and your dad are here, right? >>
and she has a child name apple. >> good news from "meals on wheels", they raised $2 million for their program this week so congratulations. [dramatic music] ♪ [cheers and applause] >> hi, honey. >> how are you? >> good. how are you doing? [cheers and applause] hello, everyone, and welcome to millionaire. i am so rooting for our first contestant today. he has a 19-month-old at home, a baby on the way, and has been working 80 hours a week to support his family....
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Apr 18, 2013
04/13
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KGO
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. >> coming up next apple stock takes a new plunge. >> 16 month low today. find out why, stay w >>> if you're an apple shareholder, the stock took another steep plunge today, now $300 down. so why is this happen something some believe it was way overpriced to begin with and what's happening is a natural reduction in value. others feel the tech market is changing and apple slow to change witness. >> they're good at coming up with innovation. so i won't give up on them. >> many consumers are waiting for next products including a state of the art television. >> l l.the rest of wall street took a sharp downward today. reports triggered a plunge on the dow. that is an improvement. after investing nearly $2 billion the british parent company has admitted defeat. the company put the 200 stores in california, arizona and nevada up for sale. bank of america today say it will pay $500 million we resolve revenues off by 8%, google has begun delivering glass, the visor like computer that responds to eye commands. it come was warnings the possibility of eye strain and yo
. >> coming up next apple stock takes a new plunge. >> 16 month low today. find out why, stay w >>> if you're an apple shareholder, the stock took another steep plunge today, now $300 down. so why is this happen something some believe it was way overpriced to begin with and what's happening is a natural reduction in value. others feel the tech market is changing and apple slow to change witness. >> they're good at coming up with innovation. so i won't give up on them....
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Apr 18, 2013
04/13
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KNTV
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apple stores are still full of shoppers but some apple investors have an empty feeling these days. shares of the company are now down to levels not seen since 2011. is it time to panic? >> in my 30 years the warning that apple days are over and numbered have come up four or five times and apple has always rebounded. >> apple shares have soared and sunk along with the overall market even shaping things up for bay area gold buyers and sellers. he saw his shiny investments tumble hundreds of dollars in a week. >> we are going to give you a total. >> to be honest with you when i saw it i literally had a heart attack. i have been saving gold because i believe in it going back up. for it to go down like the way it did is really, really scary. >> reporter: for santa clara university professor alex field patience is what we need here. >> i am one of the people who feel you kind of need to look beyond day to day volatility. we are having a bad day today. who knows what is going to be happening tomorrow. >> reporter: patience and if you buy stock confidence in your company's long-term prospe
apple stores are still full of shoppers but some apple investors have an empty feeling these days. shares of the company are now down to levels not seen since 2011. is it time to panic? >> in my 30 years the warning that apple days are over and numbered have come up four or five times and apple has always rebounded. >> apple shares have soared and sunk along with the overall market even shaping things up for bay area gold buyers and sellers. he saw his shiny investments tumble...
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Apr 22, 2013
04/13
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KGO
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apple out with its quarterly report and the pressure is on. according to estimates apple's quarterly profits may fall thanks for slowing iphone sales adding further pain tt stock tumbling 25% this year. cbs is escalating it's fight with the internet tv start up ario buying a stake in rifle sync back letting tv stations stream programming online. stocks higher today, rebounding after the loss which was the worst weekly performance for s and p in five months. your bloomberg silicon valley led by yahoo and apple slayers. the white house releasing it's first videos on vine. the videos promote the white house science fair. at bloomberg studios in san francisco, larry, carolyn, back to you. >> thank you. >> a nonprofit organization about to start looking for people who want to colonists on mars. you can expect there are wrinkles here. >> one giant one. another one plans to tart taking applications in july. the trip scheduled for for 2023. here is the run. it's part of a reality television program and have you to stay there forever. a flight back to
apple out with its quarterly report and the pressure is on. according to estimates apple's quarterly profits may fall thanks for slowing iphone sales adding further pain tt stock tumbling 25% this year. cbs is escalating it's fight with the internet tv start up ario buying a stake in rifle sync back letting tv stations stream programming online. stocks higher today, rebounding after the loss which was the worst weekly performance for s and p in five months. your bloomberg silicon valley led by...
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Apr 23, 2013
04/13
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KNTV
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that would be a strategic move by apple to push expectations downward. netflix the other talker, that stock up better than 20% after turning in a much better than expected number and faster subscriber growth. in fact, netflix now has more subscribers than hbo. back to you. >> thanks, scott. >> i know you're always hungry like i am. this sounds real good right now. a new treat at carlos, jr., blending pop-tarts and ice cream. >> sounds like heaven. hand scooped pop-tart ice cream sandwich. >> what i'm talking about. >> tested at a few carl's j restaurant. that's a big drive. they did provide this picture of the new treat but hasn't said much else about it. it is what it is. >> i like that. it is what it is. i can skip the drive, go to a grocery store, a couple of pop-tarts, some ice cream and boom. >> when we were little, we did the waffles with the ice cream. city, i'm just saying, they were good, you know. this morning we're looking at winds. i want to bring your attention to the flag. you'll notice our winds inland. they are blowing easterly. that's a
that would be a strategic move by apple to push expectations downward. netflix the other talker, that stock up better than 20% after turning in a much better than expected number and faster subscriber growth. in fact, netflix now has more subscribers than hbo. back to you. >> thanks, scott. >> i know you're always hungry like i am. this sounds real good right now. a new treat at carlos, jr., blending pop-tarts and ice cream. >> sounds like heaven. hand scooped pop-tart ice...
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Apr 24, 2013
04/13
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KPIX
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apple did slightly better than expected. its stock is as you know down $300 from the record high it set back in september. nevertheless apple says it will distribute $100 billion to shareholders by the end of 2015. apple is also buying back $60 billion of its own stock. >>> time now 4:40. coming up, how thousands of people could be affected by a water emergency. plus -- >> i know the feeling. i know the anxiety. >> the governor talking to crime victims. what happened to him that proves no one is immune. >> and it's an extreme case of road rage. what made this driver go over the edge? ,, surveillance video... relead by >>> a serious case of road rage when you least expect it in an alley. check the surveillance video released by the beverly hills police department. the white bmw going after the cyclist in the alley. the driver hits the man, pins him up against a metal trash bin. the cyclist was injured and should be okay. an earlier fight between the men sparked the incident. in beverly hills. crazy. >> that is not good. >>> a
apple did slightly better than expected. its stock is as you know down $300 from the record high it set back in september. nevertheless apple says it will distribute $100 billion to shareholders by the end of 2015. apple is also buying back $60 billion of its own stock. >>> time now 4:40. coming up, how thousands of people could be affected by a water emergency. plus -- >> i know the feeling. i know the anxiety. >> the governor talking to crime victims. what happened to him...
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Apr 24, 2013
04/13
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KPIX
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it is apple's first year-over- year profit decline in a decade. the stock is down $300 from the record high set back in september. but shares rose slightly today on word that the company is raising dividends and boosting a stock buy-back plan. >>> left lonely and hungry. still ahead, why hundreds of needy bay area seniors might stop getting the meals they rely on. >> so it was a widespread scam. >> how a bay area moving company tricked hundreds maybe thousands of customers over the past few years. ,,,,,,,,,,,,,, seniors may soon find themss seniors... may soon find themselves going hungry. as k-p-i-x 5's john ramos explains... the sequestor cuts... could slam the brakn eals on wheels" pr >>> hundreds of shutin bay area seniors may g hungry. as john ramos reports, the sequester cuts could slam the brakes on the meals on wheels program. >> reporter: kim is making her rounds. every six-weeks she volunteers to deliver lunches to shutin seniors as part of the contra costa meals on wheels program. >> they are older, disabled and don't have family to bri
it is apple's first year-over- year profit decline in a decade. the stock is down $300 from the record high set back in september. but shares rose slightly today on word that the company is raising dividends and boosting a stock buy-back plan. >>> left lonely and hungry. still ahead, why hundreds of needy bay area seniors might stop getting the meals they rely on. >> so it was a widespread scam. >> how a bay area moving company tricked hundreds maybe thousands of customers...
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Apr 24, 2013
04/13
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. >> apple investors got some good news this afternoon. the cupertino based company released its earnings report and it was better than expected. it sold more than 37 million iphones over the last three months i long with 19 million i pads. the company says it will increase the cash dividend it pays to shareholders. >>> it could soon cost you more money to shop online. the senate is debating a bill that would require large online retailors to charge state and local sale tax. it would require all companies making over a million dollars a year to charge sales tax on all out of state purchase. state governors have been lobbying for this and the traditional brick and mortar stores say it will level the playing field. san jose based ebay opposes the tax saying sellers would have to navigate 9,000 different local tax jurisdictions across the country. >>> curbing the rules on teen drivers, the new proposals for california. plus. >> piles of dry can i be l pulled off store shelves. what you need to know about the expanded pet food recall. >>> i do
. >> apple investors got some good news this afternoon. the cupertino based company released its earnings report and it was better than expected. it sold more than 37 million iphones over the last three months i long with 19 million i pads. the company says it will increase the cash dividend it pays to shareholders. >>> it could soon cost you more money to shop online. the senate is debating a bill that would require large online retailors to charge state and local sale tax. it...
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Apr 23, 2013
04/13
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KGO
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apple now is dealing with defective iphones. two chinese newspapers report that apple returned 8 mill -- eight million iphones to china. it is not cheer clear which models are affected but apple is not experiencing iphone short averages and they could cost the company $250 million. executives have admitted that the iphone is the most difficult device they have assembled. >> netflix starts positive with shares for the company surging yesterday following the announcement they signed up two million new subscribers the first quarter closing up 11 points to $174.237 a share because of additional they say of new original programming including "house of cards" and "arrested development." the c.e.o. says that the company could one day have up to 20 original series streaming for customers. >> now don't want to spend time inside were whatting a movie because it is so gorgeous. >> more comfortable today. >> cooler than year. a little. but still warmer-than-average temperatures. remember the breezes from yesterday? they are still gusting in
apple now is dealing with defective iphones. two chinese newspapers report that apple returned 8 mill -- eight million iphones to china. it is not cheer clear which models are affected but apple is not experiencing iphone short averages and they could cost the company $250 million. executives have admitted that the iphone is the most difficult device they have assembled. >> netflix starts positive with shares for the company surging yesterday following the announcement they signed up two...
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Apr 22, 2013
04/13
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apple shares on a slide for a week now. investors would like a little goose, something that says, yeah, we're still the innovative company everyone loves so much. apple reports its profits tuesday. they no doubt will report they made suitcases full of cash. a small hint of something ahead. some sort of idea as to what apple might have in the pipeline could help that stock more than anything else. back to you. >> all right, scott. thank you very much. meteorologist krchristina loren has the day off. i hope she's enjoying sunshine. >> take you to san jose. the sky didn't change at all. live camera to live camera. areas south of san jose will probably climb into the low- to mid-90s by 3:00 and 4:00 this afternoon. already now near 80 degrees, fairfield, concord, livermore, pleasanton, san francisco 67, 72 in oakland. notice the immediate coastline, areas south of santa cruz later on this afternoon, watching for low clouds to creep up the coast which will eventually hint at cooler changes come tomorrow. comparing right now to 2
apple shares on a slide for a week now. investors would like a little goose, something that says, yeah, we're still the innovative company everyone loves so much. apple reports its profits tuesday. they no doubt will report they made suitcases full of cash. a small hint of something ahead. some sort of idea as to what apple might have in the pipeline could help that stock more than anything else. back to you. >> all right, scott. thank you very much. meteorologist krchristina loren has...
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Apr 16, 2013
04/13
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FBC
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if you like apple, live in apple's world, apple centric it has great interface. it is about 100. good for the people with a decent number of services. gerri: itune, hulu, netflix, what about roku 3. people are talking about this. >> we always like roku, probably the most content you can get. all kinds of things, amazon, netflix, hulu. it has faster process every. and interface a lot easier to use. it comes with a remote control with cool feature. it has head phone jack built into it and has headphones if someone next to you is reading a book. gerri: i like that. there is roku stick. tell us about that. >> this is more of a niche product. it looks like a flash drive that plugs into the back of certain kind of hdmi input called mhl. so you need an mhl enabled tv. gerri: i feel v. smart. >> it gives you a lot of what row cue does but very small form factor. gerri: that is real cool. boxy cloud dvr? never heard of it. >> they renamed the device. two cool things about this. it allows you to get free over the air content. and some cable content. it comes with a antenna for cord cutters
if you like apple, live in apple's world, apple centric it has great interface. it is about 100. good for the people with a decent number of services. gerri: itune, hulu, netflix, what about roku 3. people are talking about this. >> we always like roku, probably the most content you can get. all kinds of things, amazon, netflix, hulu. it has faster process every. and interface a lot easier to use. it comes with a remote control with cool feature. it has head phone jack built into it and...
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Apr 22, 2013
04/13
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apple falling 9% last week as investors worried about softer demands for the iphone and the ipad. ibm lost 8% on friday. the biggest in eight years after disappointing earnings. >>> we will get status on existing home sales and earnings. the dow closed 14,457. while the nasdaq rose 39 points to 3,206. the u.s. government may be tightening its belt. it is having a minimal impact on businesses. the survey wants to know 80%, they lower government spending. higher taxes hasn't hurt their sales. profits are higher. this isn't translating into new jobs. only 22% of the companies say they have added workers in the past three months. back to you. >>> we are checking in with rob mayeda in for christina. bringing good weather with you. >> celebrating earth day. focusing on the sun. >> it is going to be warming up fast by lunchtime. i think what you'll find, around noon, temperatures in the mid to upper 80s. maybe some 90s on the map as early as 3:00 this afternoon. right now, 50s outside. you might be able to get away without worrying about a thick coat. temperatures will be warming quickly
apple falling 9% last week as investors worried about softer demands for the iphone and the ipad. ibm lost 8% on friday. the biggest in eight years after disappointing earnings. >>> we will get status on existing home sales and earnings. the dow closed 14,457. while the nasdaq rose 39 points to 3,206. the u.s. government may be tightening its belt. it is having a minimal impact on businesses. the survey wants to know 80%, they lower government spending. higher taxes hasn't hurt their...
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Apr 19, 2013
04/13
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KGO
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you can down load to your iphone or lap top through apple's app store. >> it could be handy. all right. education news. 63% of adults say the state does not spend enough money on public skpools a majority improve of the plan to increase funds tochool e gllearners and lower incom students.thel found support in giving schools more flexibility in how they spend state money. >> more than 14 thousand new freshman have been received to cal berkeley. a record high number of april politics were received this year. nearly 68,000. cal officials say class of an average gpa of 3.9 and a diverse background. 9,000 from california and women represent about 54% of the admitted students. >> san francisco new exploratorium offering nun yeek views on the water front. take a look at this laser light art show. so cool. crowds gathered to watch the figures change. the light show is project frtd roof here at abc 7. official tv partner of the exploratorium. there is another free light show tonight. you can see it's cool stuff. >> that is going to be on our web site, of course. >> still ahead getting
you can down load to your iphone or lap top through apple's app store. >> it could be handy. all right. education news. 63% of adults say the state does not spend enough money on public skpools a majority improve of the plan to increase funds tochool e gllearners and lower incom students.thel found support in giving schools more flexibility in how they spend state money. >> more than 14 thousand new freshman have been received to cal berkeley. a record high number of april politics...
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Apr 22, 2013
04/13
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exxonmobil topped the list followed by apple, google, berkshire and walmart. last year, three chinese companies were in the top five and for the first time in three years, no company in the world is worth $400 billion. >>> gas prices continue to slip across the country and here in the bay area. analysts say they could be lower by the memorial holiday weekend. san francisco averages $4.06. around the rest of the bay area, it's down about 6 cents a gallon. experts say we could be saying 20 cents less by the end of next month. >>> paper or plastic? that's something you won't be hearing much longer in many cities and counties in california. pam cook is in the newsroom with more. >> it's earth day today. to coincide, many cities are joining the effort to reduce, refuse and recycle. redwood city and menlo park, are not allowed to hand out plastic bags and required to charge you 10 cents for a i aer -- paper bag. we asked some people. most are in favor. >> i think it's fabulous. >> tell me why. >> i think any time we can help the earth and recycle bags and go to the
exxonmobil topped the list followed by apple, google, berkshire and walmart. last year, three chinese companies were in the top five and for the first time in three years, no company in the world is worth $400 billion. >>> gas prices continue to slip across the country and here in the bay area. analysts say they could be lower by the memorial holiday weekend. san francisco averages $4.06. around the rest of the bay area, it's down about 6 cents a gallon. experts say we could be saying...
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Apr 18, 2013
04/13
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KGO
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as for your bloomberg silicon valley index it was lower on the weakness and shares of apple and ebay as mentioned. twitter introducing a music app letting music play songs that is currently available for apple users to down load. other companies trying to keep users on their sites for longer stretches, the name of the game. carolyn, larry >> thank you. >> maybe spring here but a massive rain storm is leaving behind a huge mess in parts of the mid west and plains. >> watch the car on the righthand side of the screen. this took place in chicago south deering neighborhood. one person was sent to the hospital. y he road buckled and car just caved in with pavement. other two cars were parked at the time >> thousands bng evacuated as heavy flooding prompted illinois governor to emergency.state of t seven inches of rain has fallen in 24 hours in one suburb of chicago workers used life rafts to rescue school children from a stranded bus. 600 flights have been delayed. >> nothing but sunshine heading into the weekend. >> we're looking at 90s showing up into the bay area by monday. we're going
as for your bloomberg silicon valley index it was lower on the weakness and shares of apple and ebay as mentioned. twitter introducing a music app letting music play songs that is currently available for apple users to down load. other companies trying to keep users on their sites for longer stretches, the name of the game. carolyn, larry >> thank you. >> maybe spring here but a massive rain storm is leaving behind a huge mess in parts of the mid west and plains. >> watch the...
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Apr 17, 2013
04/13
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KPIX
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what, no more apple fritter? that's a biggy. they were some of the family favorites. >> it's a big company. >> picnic items. what's going on. >>> and maybe switching over from the hot latte to the iced latte. what's that transition, about 75 degrees? another big deal in the household. is it hot or iced. if you get it wrong you get the rap. beautiful view from mall vac a. toward the beautiful bay bridge where temperatures are nice, not complaining but they are certainly not warm. concord 65. put tonight is going to be a chilly night. winds die down which allows the atmosphere to settle that cold air where we are. and it's going to be chilly. concord, almost into the 30s. same story for valet ho. then we really begin to warm up. doppler showing nothing in our microclimate forecast town to san bern oh, thursday getting milder with a high of 70 degrees. there's a large strong area of high pressure off to our west which actually is part of the reason why it got so windy a couple of days ago. with low pressure moving out the differenc
what, no more apple fritter? that's a biggy. they were some of the family favorites. >> it's a big company. >> picnic items. what's going on. >>> and maybe switching over from the hot latte to the iced latte. what's that transition, about 75 degrees? another big deal in the household. is it hot or iced. if you get it wrong you get the rap. beautiful view from mall vac a. toward the beautiful bay bridge where temperatures are nice, not complaining but they are certainly not...
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Apr 24, 2013
04/13
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so here is the story with apple. in the last quarter, they sold a lot of products, 37 million phones. 10 million more than the same time last year, but they are less profitable than they were. why is that? they didn't launch anything new. competition has gotten so much better is >> competition has gotten better and because competition is better they had to bring prices down and they haven't been as profitable. >> is there time to buy apple when this smart money is saying. >> i normally -- i like to buy things when they're out of favor and they have gone from $700 to a share to $400 so it looks shape. it's cheaper than safe way and kroger which makes no sense, but in the back of my mind i worry about rapid with technology names. there's one competitor away and one product away from being up ended and we've seen that happen with apple. i still remember companies like atari and compact and they don't know what those companies were when they're red hot so that's what makes me worry about apple. >> melody hopkins thank yo
so here is the story with apple. in the last quarter, they sold a lot of products, 37 million phones. 10 million more than the same time last year, but they are less profitable than they were. why is that? they didn't launch anything new. competition has gotten so much better is >> competition has gotten better and because competition is better they had to bring prices down and they haven't been as profitable. >> is there time to buy apple when this smart money is saying. >> i...
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Apr 24, 2013
04/13
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>> coming up at 6:00, apple reports the first earnings decline in a decade. how is that affecting c.e.o.? we have the poll what e >> the natural air conditioning from the bay area and mike will tell us where the temperatures will be in a couple of minutes. >> if you use a clipper card you may have fewer privacy worries in the future. transportation planners are voting to reduce the length of time your travel data can be storeed. right now they keep the information for up to seven years. the land is to reduce this to 4 1/2 years making it the same length of time that fast track data is saved. a lawmaker has introduced a bill to cut data retention time to six months but that is opposed. we will get the forecast from mike and an explanation for why they didn't turn the ac on, on the hottest day of the week waiting as the temperatures come down. mike? >> do you expect me to understand my wife? really, understand my wife? >> the house did not cool off after being so warm the day before. all that warm air trapped in there did not take so much to get it hot again. m
>> coming up at 6:00, apple reports the first earnings decline in a decade. how is that affecting c.e.o.? we have the poll what e >> the natural air conditioning from the bay area and mike will tell us where the temperatures will be in a couple of minutes. >> if you use a clipper card you may have fewer privacy worries in the future. transportation planners are voting to reduce the length of time your travel data can be storeed. right now they keep the information for up to...
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Apr 22, 2013
04/13
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about a third of the companies, including apple and exxon are reporting earnings. the dow is up 27. the nasdaq is up over 1%, up 32. and spp up 8 -- and the s&p up 8. >>> gas prices continue to slip in san francisco and the bay area. san francisco has the highest prices in the continental u.s., averaging $4.06 a gallon. around the rest of the bay area, gas is about 12 cents cheaper. it's done from the week and the experts say we could be paying 20 cents less by the end of the month. >>> tonight on the news at 5:00 -- illegal dumping. the reason san francisco is going after the state of nevada. >>> thank you for trusting ktvu news. we're always on at ktvu.com and mobile ktvu.com.
about a third of the companies, including apple and exxon are reporting earnings. the dow is up 27. the nasdaq is up over 1%, up 32. and spp up 8 -- and the s&p up 8. >>> gas prices continue to slip in san francisco and the bay area. san francisco has the highest prices in the continental u.s., averaging $4.06 a gallon. around the rest of the bay area, gas is about 12 cents cheaper. it's done from the week and the experts say we could be paying 20 cents less by the end of the...
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Apr 16, 2013
04/13
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the new thing is to get an adam's apple. - my mom just had this fixed for me. it was my grandfather's. he worked for years at union station in d.c. as a pickpocket. - hey, hey, hey. card game, guys. $20 per, pot's $1,040. who's in? - what is this, jabba's pleasure skiff? - it's the crew lottery, liz. you buy a card. if it gets picked, you win $1,000. get a tub of new suits from the suit emporium. kabletown guys notice. your hair grows back. everything grows back. - all right. anybody else? - fine, i'll take one if it'll get everybody back to work sooner. - [scoffs] - what are you doing? that game is not for softhands and faceworkers. it's for strongs and lifters. - they hate when one of us wins. [crowd booing] your boos are not scaring me. i know most of you are not ghosts. - come on, my card only has a 1 in 52 chance of getting picked anyway. - how did you know that? you're like rain man. quick, how many toothpicks are on the ground? - zero. - you need to go to vegas. - whoa, why is toofer in the punishment corner? - [british pronunciation] i said time to end
the new thing is to get an adam's apple. - my mom just had this fixed for me. it was my grandfather's. he worked for years at union station in d.c. as a pickpocket. - hey, hey, hey. card game, guys. $20 per, pot's $1,040. who's in? - what is this, jabba's pleasure skiff? - it's the crew lottery, liz. you buy a card. if it gets picked, you win $1,000. get a tub of new suits from the suit emporium. kabletown guys notice. your hair grows back. everything grows back. - all right. anybody else? -...
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Apr 24, 2013
04/13
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today, apple delivering mostly soothing news. sales were strong, the company says it sold more than 37 million iphones and 19 million ipads. apple will increase the dividend it pays to shareholders while buying back more of its own stock. that is a nod to its slumping stock price. >> the next 700 you know dollar price share was really inflated. the market is actually taken it to a logical correction, which is much closer. 400 is still lower than it should be. which means it's a pretty good value. >> apple's ceo tim cook told reporters on a conference call this afternoon that apple has new products coming starting this fall. now, apple share price popped $20 higher this afternoon as the earnings were released and then fell back to the level it settled at in regular trading. other companies in the news. no question about the direction of netflix stock after losing a staggering amount of value six months ago, they've been on a comeback tear. they've reported better than expected earnings. today rewarding investors with a gain of 24t
today, apple delivering mostly soothing news. sales were strong, the company says it sold more than 37 million iphones and 19 million ipads. apple will increase the dividend it pays to shareholders while buying back more of its own stock. that is a nod to its slumping stock price. >> the next 700 you know dollar price share was really inflated. the market is actually taken it to a logical correction, which is much closer. 400 is still lower than it should be. which means it's a pretty...
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Apr 23, 2013
04/13
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some big earnings reports coming out today on wall street, not the least of which is apple. for more on that and the rest of our news before the bell, we turn to courtney reagan live at cnbc world headquarters. >>> good morning. futures are lower. that's after the market posted modest gains on monday. we will get data on new home sales and a ton of earnings. the dow rising 19 points. the nasdaq up 27 to 3233. apple reports earnings this afternoon with the stock in free-fall dropping about he low $400 after peaking above 400. analysts expect profits to shrink for the first time in a decade. police still selling a record number of iphones and pads. >> back to you. we'll see how they fair. thank you, courtney. christina loren has the day off. that means rob mayeda is in. i had the windows down. almost 70 right now. in napa and santa rosa. we have fog in parts of the coast. one of the stranger weather mornings you will see around the bay area. san francisco, we have north winds working into san francisco right now. you can see, it is 54 degrees. san francisco over toward oakland
some big earnings reports coming out today on wall street, not the least of which is apple. for more on that and the rest of our news before the bell, we turn to courtney reagan live at cnbc world headquarters. >>> good morning. futures are lower. that's after the market posted modest gains on monday. we will get data on new home sales and a ton of earnings. the dow rising 19 points. the nasdaq up 27 to 3233. apple reports earnings this afternoon with the stock in free-fall dropping...
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Apr 24, 2013
04/13
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KRON
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pfft the decline in apple's stock price has been very frustrating but apple remains very strong in we will continue to do we do best. the life we remain very optimistic about our future, we have some very great stuff coming in the fall and across all of 2014. our teams are hard at work at some amazing new hardware, software services that we can't wait to introduce in 2014. we have a lot more surprises in the work and a potential of a new product category. >> we can expect a new phone, ipad and most likely apple into a new market. my guess is tv. that will be huge. but will talk about that in the fall. gabe slate, kron 4 news. >> a solar-powered plane with a unique look that took off this morning from moffett airfield in mountain view is passing over the golden gate bridge. here it is. you are looking at video from our helicopter partnership with abc7 enws. the lightweight plane, which has a wingspan of about 200 feet, flew above the bay area this afernoon. the swiss company that owns it -- solar impulse, says the plane runs completely on power from the sun drawn. it draws th energy fr
pfft the decline in apple's stock price has been very frustrating but apple remains very strong in we will continue to do we do best. the life we remain very optimistic about our future, we have some very great stuff coming in the fall and across all of 2014. our teams are hard at work at some amazing new hardware, software services that we can't wait to introduce in 2014. we have a lot more surprises in the work and a potential of a new product category. >> we can expect a new phone,...
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Apr 18, 2013
04/13
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KNTV
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is no longer the apple of investors eyes. >> investors worried there is not much ahead for apple. good investors buy based on the future success of the company and sell on the future failures. we can make a conclusion that many feel that although apple is a strong company, there is nothing ahead in the pipeline to justify that higher price. we do expect apple to up its dividend and still investors are not interested. apple dipped below 400 and recovered slightly to 402. investors take a clue from cirrus logic. they said orders had fallen. about 8 out of every 10 orders they get come from apple. so the thinking goes, apple is cutting orders. >>> google and microsoft report profits. google watches out for increasing costs, declining margins. a fed governor said he expects the american economy will continue to grow. therefore, time for the fed to stop its buying spree. many people think the easy money is the reason the stock market has done so well. this fellow, jeffrey lackert,. s music.twitter.com. twitter says it is about to launch a music discovery feature. look for an update her
is no longer the apple of investors eyes. >> investors worried there is not much ahead for apple. good investors buy based on the future success of the company and sell on the future failures. we can make a conclusion that many feel that although apple is a strong company, there is nothing ahead in the pipeline to justify that higher price. we do expect apple to up its dividend and still investors are not interested. apple dipped below 400 and recovered slightly to 402. investors take a...
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Apr 23, 2013
04/13
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but apple accounted for 74% of the total revenue between the two app stores. at the same time, google play appears to be gaining ground fast from a year ago, when apple had 90% of the revenue. >>> has anyone ever told you to get to the punch line? that's what twitter plans to do next monday when it teams up with comedy central. comedians will tweet quicky jokes. rob riener and mel brooks are scheduled to kick off the festival next monday with an event in los angeles. >>> you have to be 21 to buy drinks or go gambling. new york city council and mayoral candidate quinn wants to raise the minimum age for tobacco purchases from 18 to 21. texas recently tried the same thing but the proposed law failed. several states have an age limit of 18 to buy tobacco. >>> today president obama invited 100 students to take part in this year's white house science far, and that included jessica borral. she designed a device that fights eye muscle fatigue from staring too long at computers. >> i'm getting a patent on it. i'd love to manufacture them and give them out to all school
but apple accounted for 74% of the total revenue between the two app stores. at the same time, google play appears to be gaining ground fast from a year ago, when apple had 90% of the revenue. >>> has anyone ever told you to get to the punch line? that's what twitter plans to do next monday when it teams up with comedy central. comedians will tweet quicky jokes. rob riener and mel brooks are scheduled to kick off the festival next monday with an event in los angeles. >>> you...
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Apr 23, 2013
04/13
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apple reports earnings after the market closes. stocks -- stocks down 40%. tabling a live look at the big board, the dow is up 139. the nasdaq up 38. s&p up 15. >>> police in oakland are searching for a suspected gunman who was focus of an eight-hour s.w.a.t. standoff. this morning, police surrounded the lockwood gardens housing complex on 65th avenue but they didn't find the man he was looking for. >>> the surviving bombing suspect in boston remains under armed guard in the hospital this morning. the fbi says jahar tamerlan tsarnaev is still having a problem speaking after being shot in the neck. but yesterday he was able to say no when asked if he could pay for a lawyer. lawmakers in france voted to legalize same-sex marriage after months of street protests with people very sharply divided on this issue. france now becomes the 14th country to legalize gay marriage. >>> more rain and snow expected in the midwest today for towns already hit hard by towns. illinois had ten inches in ten days. this school bus you can see here, plowing through deep water. the b
apple reports earnings after the market closes. stocks -- stocks down 40%. tabling a live look at the big board, the dow is up 139. the nasdaq up 38. s&p up 15. >>> police in oakland are searching for a suspected gunman who was focus of an eight-hour s.w.a.t. standoff. this morning, police surrounded the lockwood gardens housing complex on 65th avenue but they didn't find the man he was looking for. >>> the surviving bombing suspect in boston remains under armed guard in...
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Apr 18, 2013
04/13
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KPIX
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for the first time in nearly two years, apple stock price fell below $400. a drop in demand for ipod and iphone products led investors to sell off that stock. shares fell from an all-time high in september of $705 to close at $402 yesterday. >>> 4:52. coming up, realtime validation. why one bay area city wants to start counting cyclists. >> and the san francisco waterfront lit up to celebrate a new tenant. ,,,,,,,,,,,,,,,,,, >>> we have a pollen count today which favors mulberry, oak and grass. watch out. >> and we're still watching this breaking news in downtown san francisco. a lot of police on scene investigating something suspicious. we know the bomb squad is out there and they're telling people to avoid the intersection near 3rd and market. muni and bart may be impacted. much more coming up. >>> commuting in san francisco is about to get a little easier if you traveling by bicycle. the city is going to install its first realtime bike barometer on market street. the digital display counts the number of people in the bike lane at any given time. bike ridi
for the first time in nearly two years, apple stock price fell below $400. a drop in demand for ipod and iphone products led investors to sell off that stock. shares fell from an all-time high in september of $705 to close at $402 yesterday. >>> 4:52. coming up, realtime validation. why one bay area city wants to start counting cyclists. >> and the san francisco waterfront lit up to celebrate a new tenant. ,,,,,,,,,,,,,,,,,, >>> we have a pollen count today which favors...
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Apr 18, 2013
04/13
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apple shed nearly 6%. the slide came on the heels of reports of dwindling demand for the ipad mini. >>> and google is barring anyone chosen for a pair of its $1,500 google glasses from selling or loning out the eye wear. the terms of service states, quote, you may not resell, loan, transfer or give your device to any other person. google reserves the right to deactivate the device. >>> this is probably a good time to announce i'll be getting a pair. but they won't leave my hands. >>> comiing up, mike allen join me for the latest of what's next for the president's gun control legislation after yesterday's crippling blow in the senate. you're watching "first look." ♪ (announcer) wake them up with breakfast-favorite flavors like salmon, egg, cheese, and whole grain oats. friskies. now serving breakfast. >>> turning back, now, to our top political story. wednesday, the senate voted against several gun control measures. joining me now for more on this, is mike allen, chief white house correspondent for politi
apple shed nearly 6%. the slide came on the heels of reports of dwindling demand for the ipad mini. >>> and google is barring anyone chosen for a pair of its $1,500 google glasses from selling or loning out the eye wear. the terms of service states, quote, you may not resell, loan, transfer or give your device to any other person. google reserves the right to deactivate the device. >>> this is probably a good time to announce i'll be getting a pair. but they won't leave my...
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Apr 24, 2013
04/13
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and we are keeping an eye on the bay area's apple this morning. because mixed results coming in after the closing bell. about its earnings, about its outlook. tim cook kind of encouraging investors. but the stock right now about to open down 3% to $393 a share. here we two the opening bell live. apple down about $13 of 3%. we'll keep an eye on that. >>> big story. we'll smile and say good morning, to you. thank you for joining us here on ktvu channel 2 morning news it's wednesday, april 24th i'm dave clark. >> foreign good morning, i'm pam cook. >>> representatives of a big league baseball 30 teams will meet tomorrow to discuss security changes in the wake of the bombings. last week's terrorist attack has already led to increased security at at & t park and other major league ballparks. but the league will suggest other security measures including a possible ban on backpacks. tomorrow's meeting in new york was scheduled before the bombings but the tragedy in boston has changed the focus of the meeting. >>> also this morning there are new signs tha
and we are keeping an eye on the bay area's apple this morning. because mixed results coming in after the closing bell. about its earnings, about its outlook. tim cook kind of encouraging investors. but the stock right now about to open down 3% to $393 a share. here we two the opening bell live. apple down about $13 of 3%. we'll keep an eye on that. >>> big story. we'll smile and say good morning, to you. thank you for joining us here on ktvu channel 2 morning news it's wednesday,...
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Apr 23, 2013
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apple is still selling a record number of iphones and ipads, but the growth is growing and competition from samsung and other smart phone workers. >>> seven banks including pnc and capital one reign in bonuses for those who meet or exceed targets. federal regulators have been concerned about the ties between high pay and if amount of risk banks are taking. >>> now you never have to get off the couch. piz zoo and microsoft -- pizza and microsoft are launching a new app, 25% of pizza orders are made online. >> that sounds like a match made in hemp. thanks so much, courtney. >>> in other action on the street, netflix shares rose in trading thanks in part to original streaming content. they plan four families stream at once for $11.99 a month. >>> senators voted overwhelmingly in favor to help force online retailers to collect tens of billions of dollars in sales taxes. a final senate vote could come by the end of the week. >>> a campaign to raise funds for boston bombing victim and now double amputee jeff baiman -- bauman has received $600,000 raised in just six days. >>> it's one thing t
apple is still selling a record number of iphones and ipads, but the growth is growing and competition from samsung and other smart phone workers. >>> seven banks including pnc and capital one reign in bonuses for those who meet or exceed targets. federal regulators have been concerned about the ties between high pay and if amount of risk banks are taking. >>> now you never have to get off the couch. piz zoo and microsoft -- pizza and microsoft are launching a new app, 25% of...
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Apr 23, 2013
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it is pretty cool. >>> let's talk about apple, the big business story is going to be apple. the company reports profits. investors are in a bad mood. no matter what the quarterly numbers are, watch apple to be pessimistic about business going forward. that would be a strategic move by apple to push expectations down ward. on the market, dow industrial up 100 points. nasdaq up 23. netflix roaring ahead. millions of new subscribers. netflix bigger than hbo. up 23% this morning. it is up $41 to $215. however, that number right there, all-time high on netflix. they are not there yet. >> i remember that. bigger than hbo. kind of cool today. temperatures, i don't think so. specially if you are inland. let's check right now with meteorologist, rob mayeda in for christina. >>> you will see the numbers climbing into the 80s and upper 80s in a few spots. the areas in the orange, santa clara valley. the sea breeze will pick up as we hit toward the evening. big drop in temperatures, 60s and 70s in the bay area. >>> your commute still kicking in for this traffic tuesday. extra slowing so
it is pretty cool. >>> let's talk about apple, the big business story is going to be apple. the company reports profits. investors are in a bad mood. no matter what the quarterly numbers are, watch apple to be pessimistic about business going forward. that would be a strategic move by apple to push expectations down ward. on the market, dow industrial up 100 points. nasdaq up 23. netflix roaring ahead. millions of new subscribers. netflix bigger than hbo. up 23% this morning. it is up...
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Apr 23, 2013
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has lost some of its luster and apple is down from its all-time high in september. google could bring you more information and google is the service that tries to answer questions before the user even asks them. for example it could give you a heads up on your usual route home from work and adding it now, it could affect the area and it could be an option they could turn on and off. >>> time now 651, a historic post office in downtown berkeley, why it will not be a post office while they decide to sell the building. >>> traffic looks good heading off to the high-rise and we will tell you more about the morning commute. is it wrong to buy an entire outfit to match your mani-pedi? shop like a fashionista. not if you find something amazing for less than the price of it. save like a maxxinista. designer brands at t.j. prices. t.j.maxx. . >>> dow jones industrial average is up 14,000, nasdaq and s&p 500 is up and they are posting some gains, bay area net flicks is adding cards for some of that. >> time now 6:55 some bay area schools are seeing an increase in bomb threats
has lost some of its luster and apple is down from its all-time high in september. google could bring you more information and google is the service that tries to answer questions before the user even asks them. for example it could give you a heads up on your usual route home from work and adding it now, it could affect the area and it could be an option they could turn on and off. >>> time now 651, a historic post office in downtown berkeley, why it will not be a post office while...
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Apr 24, 2013
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it's been a rough six months for apple. after topping $700 a share in september, the stock is now down 42%. the very rich got rich eras the nation began to recover from the great recession. everyone else got a little bit poorer. a report today by the pew research center says that between 2009 and 2011 the upper 7% of american households saw their net worth increase by 28%. but the vast majority of americans saw their wealth drop by 4%. one reason for the disparity, the very wealthy are heavily invested in the stock market which rose during that period. the city of los angeles will pay more than $4 million to settle claims by two women who were hurt when police mistakenly opened fire on their pick-up truck during the hunt for ex-cop christopher dorner in february. the women were delivering newspapers. one was shot in the back. the other was hit by flying glass. dorner went on a killing spree seeking revenge for being fired. he took his own life after police cornered him. a doctor in boston has an unusual specialty. her story
it's been a rough six months for apple. after topping $700 a share in september, the stock is now down 42%. the very rich got rich eras the nation began to recover from the great recession. everyone else got a little bit poorer. a report today by the pew research center says that between 2009 and 2011 the upper 7% of american households saw their net worth increase by 28%. but the vast majority of americans saw their wealth drop by 4%. one reason for the disparity, the very wealthy are heavily...
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Apr 24, 2013
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apple said it would accelerate its stock buy back as well. fewer shares outstanding mean each share is worth more, a way of upping the share price. that worked just fine. >>> broader markets this morning and turn to jackie deangelis live at cnbc headquarters. good morning, jackie. >> good morning, scott. futures higher after stocks rose for a third day yesterday. the dow posting a gain on 15 straight tuesdays. that is the first time that that has happened since 1927. now, this all came despite a few minutes of panic midday when a fake tweet from the associated press caused markets to plunge briefly before recovering. the dow dropped 147 points in just three minutes while the move briefly wiped out about $146 billion in value from the s&p 500 index. many traders were able to cancel orders and wait for more information. several firms that use computer al algorithms to track profits may have lost. yesterday the dow closed up 152 points, 14,719. the nasdaq up 35 to 3,269. back to you. >>> nintendo has had trouble selling as many of those eu devic
apple said it would accelerate its stock buy back as well. fewer shares outstanding mean each share is worth more, a way of upping the share price. that worked just fine. >>> broader markets this morning and turn to jackie deangelis live at cnbc headquarters. good morning, jackie. >> good morning, scott. futures higher after stocks rose for a third day yesterday. the dow posting a gain on 15 straight tuesdays. that is the first time that that has happened since 1927. now, this...
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Apr 23, 2013
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today apple won a court decision ruling that apple did not violate a patent owned by rival google when it made the iphone. a big deal for twitter today about big money. the san francisco company signing a multi year deal said to be worth hundreds of millions of dollars. today the senate voting to move a bill forward that if passed would require sales tax to be collected on certain internet purchases. >>> the first look at google glass. it's the latest way of taking internet with you. we will show you what it can do tonight at 6:45. it is in the hands and over the eyes of a few people in the bay area and it is already getting a lot of attention. >> looking forward to seeing that story. >>> in the south bay a scare for a lot of shoppers. there were voluntary evacuations at valley fair mall this morning after a construction crew hit a gas line. a contractor hit the service line around 8:00 this morning. the line was properly marked. the leak was stopped by about 9:30 a.m. >>> byob in most of san mateo county. shoppers will have to bring their own bags or get charged at the grocery store.
today apple won a court decision ruling that apple did not violate a patent owned by rival google when it made the iphone. a big deal for twitter today about big money. the san francisco company signing a multi year deal said to be worth hundreds of millions of dollars. today the senate voting to move a bill forward that if passed would require sales tax to be collected on certain internet purchases. >>> the first look at google glass. it's the latest way of taking internet with you....
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Apr 24, 2013
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and hopefully apple can lead the way to a positive day for everyone out there. the company did meet expectations in the latest quarter. even though its profit fell 18% from a year earlier to $9.5 billion, first year-over-year profit dropped for apple in a decade. revenue though up 11% to $43.6 billion another record quarter for the company. no new product announcements coming out but it did listen to shareholders. it is going to reward them with $145 billion in cash. it's upping its dividend by 15% and expanding buy back to $60 billion. after dropping in after-hours trading after that report yesterday,apple up 1.25%. also helping the market this morning is boeing after it topped earnings expectations. hits shares are rising quite a bit. -- its shares are rising quite a bit. durable goods orders dropped 5% last month due to a big drop in aircraft orders down 48%. in february you can see that goods orders were up by 4.3%. that report though not helping out all that much as we look at the big board right now. the blue chips are dropping by 11 points. nasdaq is up b
and hopefully apple can lead the way to a positive day for everyone out there. the company did meet expectations in the latest quarter. even though its profit fell 18% from a year earlier to $9.5 billion, first year-over-year profit dropped for apple in a decade. revenue though up 11% to $43.6 billion another record quarter for the company. no new product announcements coming out but it did listen to shareholders. it is going to reward them with $145 billion in cash. it's upping its dividend by...
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Apr 18, 2013
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apple's stock is down 42% from $505 a share. one money management group says it could fall into the 300s. >> did you ever think you would say that in. >> i wish i bought it. >>> investigation into the boston marathon pointing, why cell video is more helpful that surveillance video, stay tuned. richard. >>> major will lead the -- mayor jean quan will lead the area despite the owner's team to move the team to san francisco. >>> well, last night's highlight in the win over portland, stefan curry broke the season shot record and made 273 points and will meet with denver colorado sunday afternoon. >>> candle stick park drew dozens of fans in the wake of the bombing. no major problems were reported. the game ended by the way in a scoreless tie. >>> a big part of the investigation into the bombing is analyzing surveillance and cell phone video. we spoke to video forensics experts to see what they were looking for and even if the images were not clear, high tech software can help them to identify a suspect. they also can figure out how
apple's stock is down 42% from $505 a share. one money management group says it could fall into the 300s. >> did you ever think you would say that in. >> i wish i bought it. >>> investigation into the boston marathon pointing, why cell video is more helpful that surveillance video, stay tuned. richard. >>> major will lead the -- mayor jean quan will lead the area despite the owner's team to move the team to san francisco. >>> well, last night's highlight...
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Apr 22, 2013
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apple has fallen way beyond exxon in overall market capitalization. pressure growing on ceo tim cook to say something, do something, excite the apple faithful and share holders. show we have got something up his sleeve more than just an incrementally better iphone. apple reports its profits tomorrow and has a telephone conference with reporters and analysts. tomorrow, eric schmitt's new book comes out. the former ceo of google teamed up with jarrod cohen to write about the digital age from his trip to north korea. it will be in bookstores tomorrow. let's check the markets with courtney reagan. good morning. >>> hi. good morning to you, scott. futures are higher as the markets come down. the dow posted its biggest weekly decline in nearly a year. you mentioned apple. softer demands today iphone and ipad. ibl lo ibm lost 8% on friday. we will get earnings on existing home sales and cal pillar and n netflix. the nasdaq rose 39206. >>> there cob a bill to collect sales tax on all online purchases. that will give local governments in as much as $11 billion
apple has fallen way beyond exxon in overall market capitalization. pressure growing on ceo tim cook to say something, do something, excite the apple faithful and share holders. show we have got something up his sleeve more than just an incrementally better iphone. apple reports its profits tomorrow and has a telephone conference with reporters and analysts. tomorrow, eric schmitt's new book comes out. the former ceo of google teamed up with jarrod cohen to write about the digital age from his...